ACTION commends the World Bank for its announcement today to invest at least $US 700 Million by 2015 to help developing countries reach the Millennium Development Goals (MDGs) for women and children’s health.
The announcement from World Bank Group President Jim Yong Kim will jump start activities and events at the 68th United Nations General Assembly in New York City.
“This announcement is a clear indication not only of a high level leadership within the World Bank on the health of women and children, it also reveals the growing demand from countries to invest in proven health interventions,” said ACTION Director Kolleen Bouchane.
The new funding will come from the International Development Association (IDA), the Bank’s fund for the world’s poorest countries, to support the national-level scale up of successful pilot reproductive, maternal, and child health projects.
The announcement comes on the heels of the World Bank’s announcement in June that they plan to invest $US 600 million in direct financing for maternal and early childhood nutrition programs in developing countries in 2013-2014 – nearly tripling its 2011-2012 contributions.
“The ability of women and children to access the health services needed to lead healthy and productive lives is essential to freeing millions of children, families, and communities from poverty,” said Bouchane. "This announcement is an inspiring start to an important week, a strong sign the Bank is rapidly making moves to achieve its visionary mission to end extreme poverty by 2030, and a clarion call for other donors and leaders to make concrete investments in proven interventions to achieve the MDGs.”
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ACTION is a global partnership of advocacy organizations working to influence policy and mobilize resources to fight diseases of poverty and improve equitable access to health services. Our three main priority areas are: Ending the tuberculosis epidemic, expanding access to childhood vaccines, and scaling up political commitment on nutrition. ACTION partners work across five continents in both donor and high burden countries.
For more information, or to be connected with our global network of health advocates:
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